Need: One of our investor retired from a plum post from a private organisation with decent retirement corpus of over 1 crore but didn’t have a regular pension. He wanted to invest this corpus in a way that he gets a regular post-tax income of Rs.60,000/- per month. Another investor wanted to invest in lumpsum to provide regular money to his daughter to take care of her education and living expenses who was going to pursue a degree course in engineering in Europe.  Someone would like to provide a regular income to her special child to take care of expenses over lifetime of the child. Another person may wish to provide a regular income to her parents. Common among them all is that they have lumpsum money to invest to get regular cash flow from it with capital remaining safe or appreciating. Options: Retirees look towards senior citizen saving schemes (SCSS) and Pradhan Mantri Vaya Vandan Yojna (PMVYY) both offering 7.4% interest p.a. with an option to get interest monthly or quarterly

  " A market is the combined behavior of thousands of people responding to information, misinformation, and whim. " - Kenneth Chang Second wave of corona is creating jittery in the society and the stock markets as well. Numbers being reported daily are frightening. And second phase of lock downs seems inevitable to many.   Data throws many option and thus multiple interpretations. India has seen highest spike in number of cases over last couple of weeks. In last one week alone India added over 13 lakh cases of corona, 62% hike over cases reported a week prior to that. Closest allies in number of cases are USA, Brazil & Turkey who reported 5 lakhs, 4.6 lakhs and 4 lakhs cases respectively during last week, where Brazil has shown negative growth with US & Turkey showing 4% & 17% growth in cases over week prior to that.   Another interesting fact is number of cases per million (ten lakhs) population of the country. India has 948, US 1502, Brazil 2147 &